EURCAD – Double Support Intersection AheadEURCAD is currently approaching a strong technical intersection, where two important support levels come together:
🔵 Lower bound of the major range
🟠 Lower bound of the falling channel
This confluence makes the area particularly interesting for buyers.
As long as this intersection holds as suppor
Euro / Canadian Dollar
No trades
No trades
Compare with EUR to CAD
Pair info
The Euro vs. the Canadian Dollar. The Euro is the second most popular reserve currency in the world and is considered to be very stable. The Canadian dollar is the seventh most commonly traded currency in the world and is highly dependent on Canada’s exporting of its natural resources, especially oil.
EURCAD Will Go Lower From Resistance! Sell!
Here is our detailed technical review for EURCAD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.601.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a
CLS short-term SELL continuation trade idea on EURCAD OANDA:EURCAD 4H Sell Setup
Bias: HTF CLS Bearish Continuation idea
EURCAD remains below a descending trendline that sellers have respected since the July highs, indicating sellers still control the broader market structure.
Price recently rallied into the trendline and tested a key supply area
EURCAD Will Keep Falling!
HI,Traders !
#EURCAD keeps falling down
And the pair made a strong
Bearish breakout of the key
Horizontal key level of 1.60169
And the breakout is confirmed
So we are bearish biased and
We will be expecting a further
Bearish move down !
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Bullish bounce off?EUR/CAD has bounced off the pivot, which acts as a pullback support, and could potentially rise towards the pullback resistance.
Pivot: 1.61023
1st Support: 1.60436
1st Resistance: 1.61810
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion
EURCAD: Important Breakout 🇪🇺🇨🇦
EURCAD broke and closed below a significant daily support cluster.
The broken structure turned into massive resistance.
I expect a bearish movement from that.
Next support - 1.5954
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EURCAD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for EURCAD below:
The instrument tests an important psychological level 1.5930
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The value of the EURCAD pair is quoted as 1 EUR per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 EUR.
EURCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.









